New Delhi: The death of former Tata Sons chairman Cyrus Mistry in a road accident has raised many questions regarding insurance claims in accident cases. There is a similar question if due to some human error someone gets killed in an accident or someone gets seriously injured, can an insurance claim be made in such cases also?
In this case, the companies of the industry say that insurance is bought to protect against risk, whether there is human error or something else behind it. The industry says that even in the event of human error or violation of rules, the insurance policy will continue to get full benefits, and the claims of accidental death will continue to be accepted. However, in exceptional cases, the amount of compensation can be reduced.
Accidents happen due to carelessness
Sanjay Dutta, Head (Risk Assessment & Claims), ICICI Lombard General Insurance Company said, “Most of the accidents are caused by human negligence. Accidents arising out of negligence on the purchase of the policy also come under its purview.
All this comes under the purview of the policy.
Tapan Singhla, Managing Director, Bajaj Allianz General Insurance said, “If the insured has a comprehensive motor insurance policy, the damages to the vehicle will be paid as per its terms. Apart from this, the risk to the occupants of the vehicle is also covered under the policy.
A claim cannot be rejected
An official of another insurer said, “If an unfortunate event occurs due to negligence, the insurance company is legally mandated to honor the damage claim to the vehicle.” He said that the claim cannot be dismissed on the basis of whether the rear passengers were wearing seat belts or not.
